The financial collapse of 1837 in the United States was a complex event with multiple factors contributing to it. However, some Whig leaders at the time blamed former President Andrew Jackson's policies for exacerbating the crisis.
Here are a few reasons why they held this view: Jackson's Bank War: Andrew Jackson vehemently opposed the Second Bank of the United States and vetoed the rechartering bill in 1832. His actions led to the withdrawal of federal funds from the bank and their placement in state-chartered banks, known as "pet banks." Critics argued that this destabilized the banking system and contributed to the financial panic.
Speculative Land Policies: During Jackson's presidency, there was a significant increase in land speculation, particularly in western territories. The government's lenient credit policies, including the issuance of "wildcat" banks and the distribution of federal land on credit, contributed to the speculative bubble. When the bubble burst, it had a ripple effect on the economy.
Lack of Regulation: Jackson's administration had a philosophy of limited government intervention in economic affairs. Critics argued that this laissez-faire approach contributed to the lack of oversight and regulation, allowing risky practices to flourish in the banking and business sectors.
It's important to note that these views were not universally held, and there were differing opinions on the causes of the financial collapse of 1837. Economic factors such as over-speculation, the decline in international trade, and the global economic downturn also played significant roles in the crisis.
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Generally, it is a sound business practice to take advantage of cash discounts. the money saved by paying invoices promptly is free to be used elsewhere. conversely, there is an implicit (opportunity) cost of foregoing a cash discount. by forgoing a cash discount, the small business owner is, in effect, paying an annual interest rate to retain the use of the discounted amount for the remainder of the credit period.
For example, assume that Jill anticipates she will receive invoices for $500 from the vendors offering cash discounts of 3/10, net 45.
a) how much will Jill save by paying within the discount period?
b) what will it cost Jill to retain the use of credit for 45 days?
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
Answer: a. $485
b. $15
c. 32.28%
Explanation:
a. how much will Jill save by paying within the discount period?
3% × $500 = 3/100 × $500 = 0.03 × $500 = $15
The amount saved will be:
= $500 - $15.
= $485
b) what will it cost Jill to retain the use of credit for 45 days?
This will be:
= 3% × $500
= 3/100 × $500
= 0.03 × $500
= $15
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
c) The annual interest will be calculated using:
= P x R x T
where,
I = interest = $15
P = principal = $485
R= rate of interest = Unknown
T= time factor = 15/365 = 0.0958
Then, annual Interest rate will be:
R = 15/ (485 x 0.0958)
R = 32.28%
Annual Interest rate is 32.28%
Felipe is planning a party. He has $50. 00 to spend on sandwiches that cost $2. 50 per person, $25. 00 to spend on drinks that cost $1. 50 per person, and $25. 00 to spend on gift bags that cost $3. 00 per person. Which expression could be used to show the amount of money he will have left over if x people attend the party? 50 7 x 100 minus 7 x 2. 50 x 1. 50 x 3. 00 x 100 minus (2. 50 x minus 1. 50 x minus 3. 00 x).
Total cost is the cost of all expenditures incurred by a firm. Total fixed cost is the cost of the total costs - the cost of variable inputs, prime cost and direct cost. Total variable cost is cost of the total cost - the cost of total fixed cost.
The amount of moneyCorrect option is B
In all, he has $100 to spend since $50+$25+$25=$100. We have x people coming and he has to spend $2.50, $1.50, and $3.00 per person, respectively. The phrase "per person" indicates we must multiply, so we have to multiply each value by "x." To find out how much money he has left, we must subtract. All of this put together is 100-(2.50x+1.50x+3.00x). Add the like terms and you get 7x. Your final expression would be 100-7x, which is answer choice B.Learn more about money , refer to the link:
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why was the expansion of railroads significant to the growth of the cattle industry?
More cow towns were built in the West as railroads made it easier to transport a large number of cattle. Cattle from the east could be transported west via railroads and fed the region's expanding population.
What exactly is the cattle industry ?The production, management, slaughter, and sale of meat, dairy, and other products derived from cattle, such as hides, are all parts of the multi-billion dollar cattle industry in the United States. Any bovine animal—cows, buffalo, bison, etc.—is referred to as a cattle.
The national cattle herd ended its seven-year liquidation on January 1, 2014, with 88.2 million cattle and calves—the lowest herd size since 1952. The herd of cattle has increased ever since, reaching a peak of 94.8 million head in 2019. The herd has decreased by 3% to 91.9 million cattle heads as of January 1, 2022.
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Which principle of operational excellence refers to a long-term approach that favors quality and capabilities over short-term financial goals
Answer: The answer is Business Dictionary defines operational excellence as, “A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization.
Explanation:
The business dictionary refers to a long-term approach that favors quality and capabilities over short-term financial goals.
What is the business dictionary?Business Dictionary is defined as a free, easy-to-use business vocabulary with over 30,000 definitions covering a wide range of key business issues such as entrepreneurship, management, small company, economics, human resources, recruiting, and corporate strategy.
A long-term approach that prioritizes quality and capability over short-term financial aims, Because your readers may have their own interpretation of the words, or may not be familiar with them at all, the “Definitions of Terms” section guarantees that they comprehend the components of your research in the manner in which you will deliver them.
Therefore, it is a business dictionary.
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What is a balloon payment on a mortgage?
A balloon payment is a one-time, larger-than-normal payment due at the conclusion of the loan term. if you have a balloon payment on your mortgage.
Do balloon payments make sense?When you have a balloon payment, your loan's interest rate increases. This is due to the fact that over the loan's full duration, you are in fact paying interest on the amount of the residual value or balloon payment. Lower monthly repayments are a major advantage of an RV or balloon payment.
Why may a person choose for a balloon mortgage?A balloon mortgage may be chosen by those who intend to live in their property for only a little time. Due to the fact that it is paid off, it has minimal monthly payments and a significantly lower overall cost.
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A balloon payment is the hefty sum that must be paid at the end of a balloon loan. A mortgage, business loan, or any other kind of amortized loan can fall under this category. It's comparable to a bullet payback, in that regard.
The final payment will likely be very enormous, as indicated by the phrase "balloon." Balloon payments often cost at least twice as much as the prior installments on the loan. Balloon payments are more frequent in commercial lending than in consumer lending since the ordinary homeowner often cannot afford a very big balloon payment at the end of the mortgage.
As the balloon payment approaches, the majority of homeowners and borrowers want to either refinance their mortgage or sell their home before the loan's maturity date. Businesses frequently use balloon loans to take advantage of lower initial payments to satisfy their short-term financial needs before making the balloon payment. During the loan term, this sort of loan specifically designs earlier payments to be smaller and later payments—often simply the last payment—to be bigger.
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To effectively compete with these new entrants, executives at traditional networks will take advantage of barriers to entry, such as Group of answer choices substitutes. buffering. smoothing. distribution channels. complements.
To effectively compete with new entrants, executives at traditional networks will take advantage of barriers to entry, such as distribution channels. Barriers to entry are obstacles that make it difficult for new competitors to enter a market. Distribution channels are a type of barrier to entry that is used by traditional networks to effectively compete with new entrants.
Distribution channels can be defined as the means by which goods and services are made available to customers. Traditional networks have well-established distribution channels that new entrants will find difficult to replicate. As a result, traditional networks can take advantage of this barrier to entry to maintain their competitive edge over new entrants.
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Which of the following is one of the criteria for recognizing revenue at a point in time? A Simultaneous receipt and consumption of customer benefits as and when the company performs.B The performance of the entity does not create an asset with an alternative use of the entity. C The performance of the entity creates or enhances an asset controlled by the customer. D Entity currently has a right to collect payment for the asset
Option A is correct. Simultaneous receipt and consumption of customer benefits as and when the company performs is one of the criteria for recognizing revenue at a point in time. Also known as Revenue Recognition
Revenue recognition is a generally accepted accounting principle (GAAP) that distinguishes the particular circumstances where income is perceived and decides how to represent it. Commonly, revenue is perceived when a basic occasion has happened, when an item or administration has been conveyed to a client, and the dollar sum is effectively quantifiable to the organization. revenue is at the core of all business execution. Everything relies on the deal. In that capacity, controllers realize how enticing it is for organizations to stretch the boundaries on what qualifies as income, particularly when not all income is gathered when the work is finished. For instance, lawyers charge their clients in billable hours and present the receipt after work is finished. Development directors frequently bill clients on a level of-fruition strategy.
Income accounting is genuinely direct when an item is sold and the income is perceived when the client pays for the item. Be that as it may, representing income can get confounded when an organization consumes a large chunk of the day to create an item. Accordingly, there are a few circumstances where there can be special cases for the income acknowledgment standard.
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Explain the typical shapes of the marginal-benefit and marginal-cost curves.
The shape of the marginal-benefit curve is downward-sloping, and the shape of the marginal-cost curve is upward-sloping.
In economics, a marginal benefit curve is a graph showing the relationship between the additional benefit of a good or service and the quantity consumed.
In contrast, a marginal cost curve shows the relationship between the additional cost of a good or service and the quantity produced.
The shape of the marginal-benefit curve is downward-sloping, which means that as the quantity consumed increases, the marginal benefit decreases.
This is due to the law of diminishing marginal utility, which states that as an individual consumes more units of a good or service, the additional satisfaction gained from each additional unit consumed decreases.
On the other hand, the shape of the marginal-cost curve is upward-sloping, which means that as the quantity produced increases, the marginal cost increases. This is due to the law of diminishing returns, which states that as more units of a good or service are produced, the additional output gained from each additional unit of input decreases.
Both the marginal-benefit and marginal cost curves intersect at the quantity where the marginal benefit equals the marginal cost, which is known as the optimal quantity.
At this point, the consumer or producer achieves maximum net benefit or profit.
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Which of the following individuals is using stress management techniques?
A.
Preston gets really stressed if he gets behind so he will occasionally stay late after work in order to stay on schedule.
B.
Emily used to get really nervous asking her boss questions, but then she changed her perception when she realized her boss appreciates her asking questions.
C.
Zach always plays basketball with co-workers after they have a stressful day.
D.
All of the above
Answer:
C because zach is demonstrating a task he can do to release some stress
Explanation:
If its really not C which it should be, then try D :)
Checking account A charges a monthly service fee of $3 and a per-check fee
of $0.02, while checking account B charges a monthly service fee of $2 and a
per-check fee of $0.03. How many checks would a person have to write for
the two accounts to cost the same?
O A. 22
O B. 100
O, C. 0
O D. 35
Answer: B. 100
Explanation:
To find this out, we shall assume that the number of checks that should be written for the two accounts to cost the same will be x.
The cost of Account A assuming x number of checks is:
= 3 + 0.02x
For Account B this is:
= 2 + 0.03x
Equate both expressions:
3 + 0.02x = 2 + 0.03x
3 - 2 = 0.03x - 0.02x
0.01x = 1
x = 1 / 0.01
x = 100 checks
Morgan has worked very hard to become a social worker. She feels a sense of fulfillment when she can help families. Morgan is offered a promotion to manager, but this would mean that she would no longer work with families. To stay on her career path, Morgan must accept the promotion. ( True False)
Complete the paragraph describing how to initiate an informational interview by filling in the missing words or phrases correctly.
After you research the career field that you’re interested in, you should identify someone to interview. You can contact friends, family members, social media connections, or
to help you get in touch with someone to interview. You could contact this person through email or by phone to request the interview. You should be prepared to tell the person about the interview’s objective, why you chose that person, and
.
It's critical to thank them for their time and willingness to share their knowledge.
When requesting an interview, it's also a good idea to suggest some specific dates and times that work for you and to inquire about their preferred method of communication. Remember to be accommodating and considerate of their schedule and availability.
What is an informational interview ?An informational interview is a conversation between a person interested in a specific career field and a professional who works in that field.
The goal of an informational interview is to gain insight into the industry, learn about the day-to-day responsibilities of the job, and network with professionals with relevant experience. It's a chance to ask questions, get advice, and gather information that can help you make career decisions.
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Answer:
Part 1: B
Part 2: C
Explanation:
After you research the career field that you’re interested in, you should identify someone to interview. You can contact friends, family members, social media connections, or
[B: human resources employees]
to help you get in touch with someone to interview. You could contact this person through email or by phone to request the interview. You should be prepared to tell the person about the interview’s objective, why you chose that person, and
[C: job requirements]
.
Is Dodgetown, 196 of the 200
Businesses have fewer than 500 employees.what percentage of businesses in dodgetown have more than 500 employees?
Answer:
-SBs usually employ more people overall, but most of those jobs are low wage-Most SBs have sales < $100K-75% of all SBs have no payroll, only create a job for the owner and about 50% fail in 1st 5 yrs., another 50% fail in second 5 yrs.
Explanation:
Someone Please help
Answer:
what am i supposed to do
Explanation:
Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss
Answer:
you are using an account right now.
Explanation:
What is the interest owed on a loan of $100 at 10% for 3 months?
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
Which 3 data points can be imported into the app transactions tab in quickbooks online?.
Answer: Description, Date, and Amount.
Competition occurs frequently within habitats. what is the definition of interspecific competition?
Interspecific competition refers to the interaction between different species as they compete for limited resources within a habitat, such as food, water, and space.
This competition occurs when the needs of multiple species overlap, leading to a struggle for access to these essential resources. As a result, interspecific competition plays a significant role in shaping ecosystems by influencing factors like species distribution, population dynamics, and community structure.
In response to this competition, species often develop adaptations or strategies that enable them to better compete for resources, such as unique foraging techniques or habitat preferences. This process can also drive natural selection, pushing species to evolve and specialize to reduce competition and improve their chances of survival. Additionally, interspecific competition can lead to competitive exclusion, where one species outcompetes another, potentially causing the latter's local extinction or forcing it to adapt to a different niche.
Overall, interspecific competition is a crucial ecological process that impacts species interactions, evolution, and the structure of biological communities within a habitat.
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What do you mean by marginal concept?
A marginal concept is an idea or concept that exists on the outskirts of a specific field or discipline. It is a concept that is not widely accepted or understood, and it is frequently regarded as being outside the mainstream of thought.
What do you mean by Marginal concept?
The marginal concept refers to the idea that a minor difference or change in something can be critical or have a significant impact on the overall outcome. This concept is used in economics and other disciplines to explain how minor changes or differences can have a significant impact on the outcome. In economics, for example, the marginal cost of producing one additional unit of a good is the additional cost of producing that one unit. This is an important concept to consider when deciding whether or not to produce that one extra unit, as it can have a significant impact on the company's overall profit or loss.
What does Marginal Cost mean?
Producing one more unit of a good or service is referred to as marginal cost. It is calculated by dividing the total cost of production by the number of units produced. It is used to determine a company's most efficient level of production. It should be noted that marginal cost excludes fixed costs such as rent or equipment. It only includes variable costs that vary according to the number of units manufactured.
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if a lien is released because the tax debt has been satisfied prior to further action being taken, the property owner will receive a certificate of .
The property owner will receive a certificate of redemption.
A certificate of redemption is a formal declaration that the owner of a piece of property has fully paid all back taxes, penalties, fees, and interest due on the property.
The contents of a certificate of redemption vary by state. The one used in California, for example, specifies:
The year(s) in default.The amounts to be paid (including taxes, penalties, and other costs).The property’s description.The redemption date.The name and address of the redeemer.For more questions like Property tax click the link below:
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Which of the following is TRUE regarding unexpected expenses?
They usually don’t affect your budget.
They usually don't affect your ability to pay bills.
They should not be included in your budget.
They should be planned for.
Answer:
They should be planned for.
Explanation:
Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.
The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.
Answer:
D. They should be planned for.
Explanation:
What are three advantages of attending a community job fair? You can fill out job applications. You can decide whether you like the company by meeting the people. You can hand in your résumé. You can talk to a recruiter or hiring manager.
Answer:
You can fill out job applications.
You can hand in your résumé.
You can talk to a recruiter or hiring manager.
Explanation:
The events organized to discover and explore the employers and the job seeking candidates at a platform. The interested hiring committee and the job seekers meet a point where they find opportunity to seek jobs. This process helps in minimizing the efforts and time of both the employers and the candidates. The instant job offer is the biggest advantage of the fair. The candidates can hand their resume directly to the recruiters and have direct word with them.
How can a financial service provider—like a bank or credit union—help you manage and protect your money?.
Your money is kept safe in a bank account, which makes it simple for you to spend and save. But if you only see your checking and savings accounts as somewhere to store your hard-earned money, you're not taking use of all the current banking tools at your disposal. Your bank really provides a variety of features that can improve your money management and allow you to keep more of it in those accounts. Here are six features of modern banking that can help you get a better handle on your money.
1. Low Balance Alerts
2. Online and Automatic Bill Pay
3. Sub-Accounts for Savings
4. Automatic Savings Deposits
5. Online and Mobile Budgeting Tools
6. Mobile Check Deposit
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Bed Mug has recepted 500 bodo pred tel.000 US$850 The vol represents Boots Production costs for w $500 per unit whec 375 of cons25 che conoscattor opod, there wa bo no increments food cost od accepted business, the effect on come wil be BUT be
Based on the information provided, it seems that Bed Mug has received $500,000 from the sale of 500 units at a price of $850 per unit.
The production cost for each unit is $500, which means that the total cost of producing 500 units is $250,000.
Assuming that there were no additional costs incurred in the production process, the profit made by Bed Mug would be $250,000 ($500,000 - $250,000). This profit would have a positive effect on the company's income and overall financial standing. However, it is important to note that there may be other costs associated with running a business, such as overhead expenses, marketing costs, and salaries for employees. These costs would need to be taken into account when assessing the overall impact of the sales on the company's income.
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Find three celebrities of your choice. Type a paragraph for each celebrity explaining their net worth. Include their background (before they were famous), how they become "famous”, and ways they generate income such as investing, advertisements, etc.
Answer: SEE EXPLANATION!
Explanation:
Since the time when Billie Eilish first came into the music scene a few years ago, fans have not been able to get enough inner music. At just 18 years old, Eilish has already accomplished more in her career than other artists do in a lifetime. Her music and style is uniquely different, but that is what makes her so great. Many people in this world feel like they are different or “weird.” But when they see this young girl who is famous for dancing to the beat of her own drum, they realize that being different is not a bad thing.
Swift showed an interest in music at an early age, and she progressed quickly from roles in children’s theatre to her first appearance before a crowd of thousands. She was age 11 when she sang “The Star-Spangled Banner” before a Philadelphia 76ers basketball game, and the following year she picked up the guitar and began to write songs. Taking her inspiration from country music artists such as Shania Twain and the Dixie Chicks, Swift crafted original material that reflected her experiences of tween alienation. When she was 13, Swift’s parents sold their farm in Pennsylvania to move to Hendersonville, Tennessee, so that she could devote more of her time to courting country labels in nearby Nashville. A development deal with RCA Records allowed Swift to make the acquaintance of recording-industry veterans, and in 2004, at age 14, she signed with Sony/ATV as a songwriter. At venues in the Nashville area, she performed many of the songs she had written, and it was at one such performance that she was noticed by record executive Scott Borchetta. Borchetta signed Swift to his fledgling Big Machine label, and her first single, “Tim McGraw” (inspired by and prominently referencing a song by Swift’s favourite country artist), was released in the summer of 2006.
In February 2003, Shelton released The Dreamer, and its first single, "The Baby," reached No. 1 on the country music charts, hanging on for three weeks. The second and third singles from the album, "Heavy Liftin'" and "Playboys of the Southwestern World," each cracked the top 50, and The Dreamer went gold. In 2004 Blake Shelton began releasing a string of hit albums, beginning with Blake Shelton’s Barn & Grill. The second single from the album, "Some Beach," became his third No. 1 hit, and the singles "Goodbye Time" and "Nobody but Me" reached top 10, sending the album to gold status. Along with the album, Shelton released an accompanying video collection, Blake Shelton's Barn & Grill: A Video Collection. Pure BS was released in early 2007, and its first two singles, "Don't Make Me" and "The More I Drink," were both top 20 hits on the country charts. That same year, Shelton made his reality TV debut, appearing first as a judge on Nashville Star and then on Clash of the Choirs
Answer:
what he other guy said
Explanation:
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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A retirement or abandonment of an asset is different from a sale of an asset because?.
A retirement or abandonment of an asset is different from a sale of an asset since a loss must be recognized for the remaining book value.
When a durable asset stops being used, it is regarded as having been disposed of. A retired or abandoned asset loses value by the carrying amount that applied at the time of retirement or abandonment. The asset's carrying value is then reduced by the resulting loss. An asset's retirement or abandonment differs from its sale in that no money is exchanged.
The remaining book value requires a loss to be recorded. When an asset is permanently withdrawn from service, it is counted as retired. Asset retirement might happen via procedures like a sale to a different party or disposal because of obsolescence.
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what is one of the effects that the internet has had on bussiness?
Click this link to view O*NET's Skills section for Actors.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to
O*NET, what are common skills needed by Actors? Select four options.
mathematics
speaking
social perceptiveness
active listening
reading comprehension
operation monitoring
Answer:
speaking, active listening, reading comprehension, social perceptiveness
Answer:
2 3 4 5
Explanation:
trust :D
What are the advantages of setting up a
sole trader business?
Answer:
Advantages of sole trading include that:
you're the boss.
you keep all the profits.
start-up costs are low.
you have maximum privacy.
establishing and operating your business is simple.
it's easy to change your legal structure later if circumstances change you can easily wind up your business.
Explanation:
kasam se kal pura din college me yahi bakwas padha rahe the